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Cassius Clay

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Cassius Clay

Re: gabinskiy post# 9021

Friday, 06/29/2012 5:48:23 AM

Friday, June 29, 2012 5:48:23 AM

Post# of 20611
Consumer confidence is falling further in the US and some sizable markets abroad are seeing considerably less demand.

“Our operations outside of North America are under increasing pressure,” the Dearborn, Michigan-based company said in the filing. “Our combined results for the second quarter for Ford South America, Ford Europe, and Ford Asia Pacific Africa could be a loss of about three times as much as the $190 million pretax loss incurred by these operations in the first quarter.”


http://www.nytimes.com/2012/06/29/business/ford-sees-overseas-losses-triple-this-quarter.html

http://money.cnn.com/2012/06/26/news/economy/consumer-confidence/index.htm?iid=SF_E_River
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